Brief: New Silkroutes Group Updates On Proposed Disposal Of International Energy Group
01/07/2019 15:55
July 1 (Reuters) - New Silkroutes Group Ltd NEWS.SI :
* UPDATES ON PROPOSED DISPOSAL OF INTERNATIONAL ENERGY GROUP
PTE.
LTD.
* PURCHASER HAS NOT DEMONSTRATED ITS ABILITY TO INJECT
REQUIRED
CAPITAL INTO IEG FOR ITS BUSINESS
* CO WILL CONTINUE TO LOOK FOR AN APPROPRIATE BUYER WITH
NECESSARY
FINANCIAL MEANS TO MAINTAIN AND GROW IEG'S BUSINESS
* SPA HAS LAPSED AND WILL BE OF NO FURTHER EFFECT
Source text for Eikon: urn:newsml:reuters.com:*:nSNZ84Nzhf
Further company coverage: NEWS.SI
((Reuters.Briefs@thomsonreuters.com;))
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